Flywheel technology now ready for takeoff? NYISO tariff changes accomodate energy storage technology

Michael Giberson The Federal Energy Regulatory Commission has approved NYISO tariff changes intended to accommodate participation of flywheel and similar energy storage devices in markets to supply frequency regulation services.  Flywheel developer Beacon Power applauded the change. The FERC order, linked above, describes a number of changes to the NYISO tariff and operating procedures needed … More Flywheel technology now ready for takeoff? NYISO tariff changes accomodate energy storage technology

Consequences of dynamic transmission line rating for renewable power

Michael Giberson I think the implication of this article are good for wind power, but not as good for solar power. Some of the discussion borders on being over my head, but the main point is that many transmission line capability ratings are static while the actual transmission line capability is dynamic. Dynamic line ratings … More Consequences of dynamic transmission line rating for renewable power

Origins of state electric utility regulation: Was it protection of quasi-rents not creation of monopoly rents?

Michael Giberson There is by now a fairly established body of economic history work that challenges what might be called the mainstream view of the origins of state regulation of electric utilities and offers as an alternative a nakedly public choice view that state regulation was all about creation of monopoly rents. The mainstream view … More Origins of state electric utility regulation: Was it protection of quasi-rents not creation of monopoly rents?

Independence Pass!

Lynne Kiesling I’ve been out in Colorado since Friday teaching at this year’s Institute for Regulatory Law & Economics annual workshop for state regulators. Yesterday we had a free afternoon and today we wrap up and travel home, so my post for the day is this picture from yesterday’s free afternoon: three of us rode … More Independence Pass!